Gopocket

Gopocket Live Updation (Budget 2025): MSMEs as the second engine: Sitharaman MSMEs are the second engine which encompasses manufacturing and services, with a focus on MSME numbering 5.7 crores. “Currently, over 1 crore registered MSMES, generating 36% of our manufacturing have come together to position India as a global manufacturing hub,” Ms. Sitharaman says. “These MSMEs are responsible for 45% of our exports. To help them achieve higher efficiencies of scale, technological upgradation, get better access to capital, the investment and turnover limit for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively.” To improve access to credit, the credit guarantee cover will be enhanced, which will also include Start-ups. Fund of Funds for Startups - Alternative investment funds have received commitments of more than ₹91,000 crore. Now a new Fund of Funds with expanded scope and a fresh contribution of another ₹10, 000 crore will be set up. A new scheme will be launched for 5 lakh women Scheduled Caste and Schedule Tribe first-time entrepreneurs.

Gopocket Live Updation (Budget 2025): Additional infrastructure will be increased in the IITs established after 2014, said the FM. She also said that IIT Patna would be expanded

Gopocket Live Updation (Budget 2025): The Finance Minister announced a dedicated scheme for India’s footwear and leather sector, expected to generate employment for 22 lakh individuals, achieve a revenue of ₹4 lakh crore, and boost exports to over ₹1.1 lakh crore.

Gopocket Live Updation (Budget 2025): India Post is set to be transformed into a major public logistics organisation. With the support of India Post Payments Bank and 2.4 lakh dak sevaks, it aims to become a catalyst for rural logistics and development.

Gopocket Live Updation (Budget 2025): Agriculture as the first engine: Sitharaman Proposals for agriculture: PM Dhan Dhanya Krishi Yojana, a developing agri-districts programme, will cover 100 districts. A national mission for high yielding seeds will be launched. A comprehensive program for vegetable and fruits will also be launched in partnership with States. Makhana Board to be set up in Bihar. India ranks second largest globally in fishery products. “Our government will bring an enabling framework for sustainable harnessing of fisheries in India’s economic zone.” Mission for Cotton productivity will facilitate significant improvement in cotton farming. Kisan credit cards facilitate short term loans for 7.7 crore farmers, fishermen and dairy farmers. The loan limit will be enhanced from ₹3 lakh to ₹5 lakh. For Atmanirbharta in urea production, a plant with annual capacity of 12.7 lakh metric tonnes will be set up in Assam. India Post with 1.5 lakh rural post offices, complemented by the India Posts Payment Bank, will be repositioned to act as a catalyst for the rural economy. India Post will also be transformed as a large public sector logistics organisation to meet rising needs.

Gopocket Live Updation (Budget 2025): FM Nirmala Sitharaman announced that broadband connectivity would be expanded to all government secondary schools and primary health centres in rural areas.

Gopocket Live Updation (Budget 2025): FM Sitharaman says, "The investment and turnover limits for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively. This will give them the confidence to grow and generate employment for our youth."

Gopocket Live Updation (Budget 2025): Nirmala Sitharaman proposes to transform India Post into a large logistical organisation

Gopocket Live Updation (Budget 2025): Limit under Kisan Credit Card enhanced Budget 2025 Speech LIVE: FM Nirmala Sitharaman announced that the limit under Kisan Credit Card would be enhanced to ₹5 lakh from ₹3 lakh to further flow of credit to farmers.

Gopocket Live Updation (Budget 2025): Govt to support NCDCs, says FM Budget 2025 Speech LIVE: Government to provide support to National Cooperatives Development Corporations (NCDCs) for its lending operations for cooperative sector.

Gopocket Live Updation (Budget 2025): M Sitharaman says urea plant to be set up in Assam Budget 2025 Speech LIVE: FM Sitharaman says, “Urea Plant to be set up in Assam to further augment urea supply" • Plant with annual capacity of 12.7 lakh metric tons to be set up at Namrup, Assam • 3 dormant urea plants in the Eastern region had been reopened

Gopocket Live Updation (Budget 2025): Transformative reforms across six domains: Sitharaman To realise the goal of Viksit Bharat, this budget focuses on transformative reforms across six domains. These are: 1. Taxation 2. Power sector 3. Urban development 4. Mining 5. Financial sector 6. Regulatory reforms

Gopocket Live Updation (Budget 2025): These span 10 broad areas, focusing on gareeb, youth, annadata, and naari. 1. Spurring Agricultural growth 2. Building rural prosperity and resillience 3. Taking everyone together on an inclusive growth path 4. Boosting manufacturing 5. Supporting MSMEs 6. Enabling employment-led development 7. Investing in people, economy and innovation 8. Securing energy supplies 9. Promoting exports 10. Nurturing innovation

Gopocket Live Updation (Budget 2025): What does Viksit Bharat encompass? Nirmala Sitharman says in her Budget Speech Answering the question what Viksit Bharat encompasses, Ms. Sitharaman says: • Zero poverty • 100% quality, good school education • Access to high quality, affordable and comprehensivehealthcare • 100% skilled labour with meaningful employment • 70% women in economic activities • farmers making India the food basket of the world

Gopocket Live Updation (Budget 2025): The proposed development measures in the Budget 2025 span across the areas of Garib, Youth, Annadata and Nari

Gopocket Live Updation (Budget 2025): FM Sitharaman says, “In this Budget, the proposed development measures span 10 broad areas, focussing on the poor, youth, farmers and women."

Gopocket Live Updation (Budget 2025): FM Nirmala Sitharaman begins her budget speech amid protest by Samajwadi Party MPs

Gopocket Live Updation (Budget 2025): FM Sitharaman says, “Our economy is the fastest growing among all major economies. Our development track record for the past 10 years and structural reforms have drawn global attention. Confidence in India's capability and potential has only grown in this period. We see the next 5 years as a unique opportunity to realise sabka vikas, stimulating balanced growth of all regions."

Gopocket Live Updation (Budget 2025): 'Budget continues efforts to accelerate growth,' says finance minister This budget continues efforts to accelerate growth and provide inclusive development, said FM Nirmala Sitharaman presenting Budget for FY26. Her Budget for the fiscal year starting April 2025 (FY2025-26) marks the 14th consecutive Budget under the Narendra Modi government since 2014, including two interim Budgets presented ahead of the general elections in 2019 and 2024.

Gopocket Live Updation (Budget 2025): Finance minister Nirmala Sitharaman presents Union Budget 2025-26